Hossein Hashempoor: Economics of Art is Superior to Oil Economics
Oil and the Middle East are not equivalent. The Middle East's greatest resource is its outstanding human potential, which has been kept secret in the oil market for a long time.
Oil and the Middle East are not equivalent. The Middle East's greatest resource is its outstanding human potential, which has been kept secret in the oil market for a long time.
Among the top-selling pieces, the highest price reached £152,400, achieved by two works by Fahrelnissa Zeid and Bahman Mohassess.
The weird thing is that artists, institutions, and art collectors fail to recognize the signature as a critical strategic tool.
Offering masterpieces for sale at auction and in secondary art markets has become almost uncommon and undoubtedly rare since “The Ultimate Capital Commodity is the Artwork” became the focus of massive economic corporations.
Ali Shirazi, a renowned calligrapher in the Middle East, created the calligraphic piece "بسم اللّٰه الرحمن الرحيم" or "Bismillah ar-Rahman ar-Raheem" (In English: "In the Name of Allah, the Most Beneficent, the Most Merciful"). The exceptional calligraphy and the artist's remarkable ability to write continuously are what set this particular work of art apart.
It is our honor that a group of Middle Eastern art elites, galleries, collectors, foundations and platforms and many dear artists and art lovers republished the contents of our site and supported us with stories and likes and reposting on Instagram.
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